Percentage Practice Test 2 with solutions

Question : 10 of 40

Marks: +1, -0

Two successive price increase of 15% and 15% of an article are equivalent to a single price increase of.

Solution:

Let x = 15% and y = 15%.
Then equivalent single percentage increase

=x+y+{xy}/100

=15+15+{15×15}/100

= 30 + 2.25 = 32.25%

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